Ministry of Finance

Ministry of Finance officials call them "the elephants in the room." They refer to defense and pensions, where increased spending needs severely restrict the margin of maneuver for spending on other items.

A fresh boost to the tax and control of cryptocurrencies is being sought by the Ministry of National Economy and Finance. The ministry’s special task force that had been tasked since February to draft the new framework is being abolished, on the grounds that its remit needs to be changed.

The planned sale of indebted and idle state mining firm Larco has been called off, the Ministry of Finance announced Monday.

Market analysts had long expected the move. It was made inevitable Friday, when GEK Terna and AD Holdings, the consortium chosen to buy Larco's assets and the accompanying mining rights, informed the ministries concerned of its decision to pull out of the deal.

The new medium-term fiscal structural plan being negotiated with the European Commission will set strict spending increase limits from 2025-2028.

The final deadline for the filing of tax forms expired on Friday. Data from just a few days before show that a record amount of income was reported and record taxes assessed on individuals.

Beach concessions to businesses reached a record 1,650 this summer, far higher than the initial estimate of 1,200 by the Ministry of Finance.

In another 150 cases, there were no concessions, either because there was not enough interest or because the chosen concessionaire backed away from the deal.

The Russian government has unexpectedly decided to increase the excise duty on imported alcohol, wine, and cut flowers from "unfriendly countries," including Bulgaria.

The port of Piraeus is a leading player in coastal shipping this tourist season. On the occasion of the visit of the Minister of Shipping and Island Policy, Christos Stylianidis, to the 1st Port Department (Akti Tzelepi) of the Central Port Authority of Piraeus, statistics were given.

In Pomorie, a protest by local wine producers saw a motorcade of tractors, harvesters, and cargo trucks take to the streets in response to new requirements set by the Ministry of Finance.

A new tourist bus line, numbered 200, will start operating in Sofia on August 3, as announced by the Sofia Municipality. The line will feature double-decker buses and run on weekends until September 15, aiming to improve access to tourist sites in Sofia, according to the Council of Ministers.